Economic Analysis on the United States Beef Industry

Authors: Cristian Gilces, Mahla Zare

SUNY Campus: SUNY Cobleskill

Presentation Type: Poster

Location: Old Union Hall

Presentation #: 29

Timeslot: Session C 1:45-2:45 PM

Abstract: The beef industry in the United States is a critical sector of the nation's agricultural economy, with significant implications for food production, environmental sustainability, and economic development. This research examines the current state of the U.S. beef industry, exploring its historical development, key production practices, and challenges faced by producers. The study also investigates the economic impact of beef production, including its contribution to GDP, employment, and exports. Additionally, it evaluates the environmental concerns surrounding beef production, such as land use and water consumption, and explores sustainable practices and technological innovations aimed at mitigating these impacts. Consumer trends, including the growing demand for plant-based alternatives and the shift toward healthier, ethically produced beef products, are also discussed. The research concludes with an analysis of the future trajectory of the U.S. beef industry, considering market dynamics, policy implications, and the evolving relationship between producers, consumers, and environmental considerations. Through a comprehensive examination of these factors, this project aims to provide valuable insights into the sustainability and resilience of the U.S. beef industry in an increasingly complex global food system.